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, that president obama said we're going to have an economist on today on how you get -- you know, we're going to talk to him. he says the one thing that would hurt the economy is in cuts in social security or medicare or medicaid. any type of reform to those things. >> to the true liberal -- >> other than raising taxes up to the level where you fund the promises that we've already made. the entitlements that we've already made and the guarantees we've made, they just want to raise taxes on somebody. i don't know who, to the point where we never actually reform medicare, medicaid or social security. >> the question i want to ask him, is there ever a time that he's making, is it now given where we are in the economy? >> well, the question is, you put in a hundred and you take out 400 in medicare and the government covers 300. >> and it makes no sense. >> well, no, but there are people that think that the government's roll is to provide that 300. and so we should raise taxes to the point where you -- it doesn't matter that you -- >> right. >> it doesn't matter. that is the redistribution. >> tha
obama will unveil to combat gun violence today. the proposal will include a ban on military style assault weapons and high capacity clips and more than a dozen executive orders aimed at circumventing stricter gun control and to stop bullying and boost availability of mental health services. new york passed a law quickly. a lot of the tabloids like the daily news says now, it's your turn, mr. president, over to you after new york has already done it. congress has to approve the ban on assault weapons and ammunition magazines and along with background checks on gun buyers. >>> congress approved aid to superstorm sandy, the bill will head to the senate where it is expected to pass. >>> coming up next, what advice is larry lindsey giving his clients as the country approaches the debt ceiling. we find out when we come back. >>> plus earnings still to come from goldman sachs, reaction from chris whalen, back to analyze the numbers with us. jacque wi "squawk" will be right back. >>> comments, questions? send them to cnbc on twitter. send them to becky, joe, andrew and the "squawk" staff.
are saying, hon fee, we own some united healthcare. we've been buying it because of obama care and we know everybody is going to be added somehow to be covered. i just don't see that type of interest to -- it's professionals that are trading the market. it's not -- individuals are still not in. >> i agree with you to a point. >> you say something about apple. >> and you only trade at the -- >> in what? >> in facebook. they're kind of a cool kids' stock, so to speak. we had volume, retail customers were definitely trading, though. there are certain names people want to be involved with. for tax reasons, people got out of that last year and many of them put their money back into the market through facebook. it will be interesting to see after a month or a month and a half what happens after that money switches back into apple. we need apple to come out with something exciting. this is the first time the blackberry 10 had that excitement. when was the last time a company besides apple had that much excitement around a company? >> and so when the retail investor if and when they had come back,
. >> phil, thank you very much. carlos, thank you. when we come back, president obama, treasury secretary time geithner, and federal reserve chairman ben bernanke all say that the debt ceiling must be raised or else the economy will suffer. senator rob portman says washington's out-of-control spending has to stop. he will join us in the next hour to talk about the debt ceiling debate. "squawk box" will be right back. >>> up next on "squawk box," don't start your day without knowing the names that will make you money. joe has your list of stocks to watch right after the break. >>> all right. put this on. it's traveling wilbur. we've got george harrison for your lead for your song >> no, no, no. >> that's a good one. >> but it's all right. and implied there is being a billionaire. ♪ it's all all right i mean, it's -- it is, right? life is good. >> that's true. it may not play well in washington. >> might not play well in washington. i'm going to actually give some information during this segment. much as i'd -- >> you know, that would be a switch. >> that would be a switch. let's take a l
president obama took the oath of office for his second term. jared bernstein, former chief economist and economic policy adviser to the vice president, and senior fellow at the center on budget and policy priorities. he also is a cnbc contributor. also here is chuck gabriel, managing director at capital alpha partners. these notes that i saw from last week were the question is going to be whether the president transforms himself into a pro-growth, pro-market president. did you write that before you saw that the address, or did you see any indication that that's the way he wants to head now? >> none at all joe, unfortunately. a lot of us, me included, got caught up in the moment. it was really a great celebration of racial unity and the moment with, you know, the first black president, in his second inaugural. but, where some might have been looking for an olive branch to republicans, i think a lot of them felt that it was a stick in the eye. frankly, he may a very spirited defense of activist government and kind of continued this narrative that, republicans don't believe in social se
Search Results 0 to 4 of about 5